Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SPB Euro Holdings from Brussel, company number BE0873482921, closed financial year 2025 with a result of € -32,841 after tax. For that financial year SPB Euro Holdings recorded a gross margin of € -12,498 and equity of € 333,696. Compared with financial year 2024, the result moved from € -7,257 to € -32,841. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 333,696
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,841
▼ 353 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11,062
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 315,146.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,325
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,917 | € 1,187 | € -8,140 | € -12,498 | ▼ € 4,358 |
| Profit after taxes | € 9,710 | € 6,995 | € -7,257 | € -32,841 | ▼ € 25,584 |
| Equity | € 366,798 | € 373,793 | € 366,536 | € 333,696 | ▼ 9% |
| Total debts | € 76,112 | € 91,428 | € 105,018 | € 58,211 | ▼ 45% |
| Cash | € 21,853 | € 72,225 | € 73,274 | € 11,062 | ▼ 85% |
| Retained profit | € 348,248 | € 355,243 | € 347,986 | € 315,146 | ▼ 9% |
| Balance sheet total | € 442,910 | € 465,221 | € 471,554 | € 391,907 | ▼ 17% |
Key figures of SPB Euro Holdings, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SPB Euro Holdings?
What happened at SPB Euro Holdings in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,841. Source: NBB ↗
- Michele L Connell became a director. NBB
- Bart Vanderstraete became a director. NBB
- KATERINA HILBERTOVA became a director. NBB
- MICHAEL MCKENNA became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,710 profit in 2022 to € 32,841 loss in 2025.
Best year ever: 2022, with € 9,710 profit.
A new publication or filing at SPB Euro Holdings? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SPB Euro Holdings are KATERINA HILBERTOVA, Michele L Connell, MICHAEL MCKENNA and Bart Vanderstraete.
Directors
According to the 2025 annual accounts
KATERINA HILBERTOVA
Director
since 2015
Michele L Connell
Director
since 2023
MICHAEL MCKENNA
Director
since 2006
Bart Vanderstraete
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Louizalaan 523
1050 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.482.921
- VAT number
- BE 0873.482.921
- Registered office
- Louizalaan 523, 1050 Brussel
- Names & denominations
- SPB Euro Holdings
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2005
- Peppol
- Not registered